2, MILL COTTAGES, TREFRIW, LL27 0RZ - £130,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

2 MILL COTTAGES is a very small detached house of 70m², built sometime between 2003 and 2006. It was last sold for £130,000 in July 2017, which was around 40% below the average July 2017 detached price in the Conwy local authority area. The most recent EPC inspection was July 2015, where the current energy rating was C, and the potential energy rating was B.

2 MILL COTTAGES Sold Prices

Land registry data shows four sales for 2 MILL COTTAGES since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Conwy local authority area for the corresponding sale date. All of the four 2 MILL COTTAGES sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2017 31 JUL	£130,000	£218,019	40% below HPI
2016 11 FEB	£165,000	£200,528	18% below HPI
2006 29 SEP	£125,000	£205,120	39% below HPI
2004 25 JUN	£140,000	£169,176	17% below HPI

2 MILL COTTAGES Price Paid vs. HPI Average

The below graph shows the average detached house price in the Conwy local authority area over time, sourced from the HPI. The four 2 MILL COTTAGES sales between June 2004 and July 2017 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the February 2016 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the July 2017 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 2 MILL COTTAGES?

2 MILL COTTAGES is 70m² according to the EPC inspection conducted in July 2015. This puts it in the smallest 10% of detached houses in Trefriw, based on EPC data. The below chart shows the distribution of detached houses by size in Trefriw, and where 2 MILL COTTAGES lies on this distribution: 7% of detached houses are smaller than 2 MILL COTTAGES, and 93% of houses are larger. Note that EPC data is not available for all properties in Trefriw.

2 MILL COTTAGES: Plot and Title Map

2 MILL COTTAGES sits on a plot of roughly 0.041 of an acre, or 167m². The below map shows the location of 2 MILL COTTAGES, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 2 MILL COTTAGES). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 2 MILL COTTAGES?

2 MILL COTTAGES is located in TREFRIW, in the LL27 postcode district. The below map shows the position of No. 2 on MILL COTTAGES.